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Noble Corporation Reports First Quarter 2021 Results

Noble Corporation Reports First Quarter 2021 Results
- Successfully completed balance sheet restructuring on February 5, 2021
- Announced acquisition of Pacific Drilling in March and closed on April 15, 2021
- Revenue backlog of $1.5 billion as of March 31, 2021
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SUGAR LAND, Texas, May 4, 2021 /PRNewswire/ Noble Corporation ( Noble or the Company ) today reported first quarter 2021 results.
Successor
Dec 31,
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release and can be found at www.noblecorp.com.
Robert W. Eifler, President and Chief Executive Officer of Noble Corporation, stated, We are pleased with our first quarter results and the accomplishment of a number of important strategic objectives in the first part of 2021. In early February we completed our financial restructuring transactions and emerged with a much stronger financial foundation. In March we announced the acquisition of Pacific ....

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ADT Reports Fourth Quarter and Full Year 2020 Results

Net loss of $112 million, compared to $72 million
FULL YEAR
Net loss of $632 million, compared to $424 million
Adjusted EBITDA of $2,199 million, compared to $2,483 million
Net cash provided by operating activities of $1,367 million, compared to $1,873 million
Net cash used in investing activities of $1,137 million, compared to $978 million
Net cash used in financing activities of $70 million, compared to $1,214 million
Adjusted Free Cash Flow of $675 million, up from $590 million
Trailing twelve-month revenue payback at a record low 2.2 years
Trailing twelve-month gross customer revenue attrition of 13.1%, decreased 30 bps from a year ago
“ADT once again delivered strong financial and operating results during the fourth quarter. We maintained our record low revenue payback, while growing our RMR additions by double digits and increasing our net subscribers. This performance caps a year of delivering solid financial results while ensuring ....

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